Kraken
Location
Singapore
Salary
Not specified
Posted
Recently
Job Type
Full Time
Required Skills
About the Role
Our Krakenites are a world-class team with crypto conviction, united by our desire to discover and unlock the potential of crypto and blockchain technology.
What makes us different?
Kraken is a mission-focused company rooted in crypto values. As a Krakenite, you’ll join us on our mission to accelerate the global adoption of crypto, so that everyone can achieve financial freedom and inclusion. For over a decade, Kraken’s focus on our mission and crypto ethos has attracted many of the most talented crypto experts in the world.
Before you apply, please read the Kraken Culture page to learn more about our internal culture, values, and mission. We also expect candidates to familiarize themselves with the Kraken app. Learn how to create a Kraken account here.
As a fully remote company, we have Krakenites in 70+ countries who speak over 50 languages. Krakenites are industry pioneers who develop premium crypto products for experienced traders, institutions, and newcomers to the space. Kraken is committed to industry-leading security, crypto education, and world-class client support through our products like Kraken Pro, Desktop, Wallet, and Kraken Futures.
Become a Krakenite and build the future of crypto!
We are seeking an experienced Singapore-based Compliance Officer & MLRO to build and lead the local compliance programme for Kraken’s Singapore expansion and to support our licence application with the Monetary Authority of Singapore (“MAS”), including pre-/post-licensing readiness. This is a hands-on leadership position, with end-to-end responsibility for designing, implementing, and operating an effective compliance and financial crime framework aligned to MAS expectations and Kraken Group standards.
Compliance Oversight & Regulatory Engagement
Act as the designated Compliance Officer for the Singapore entity;
Establish, maintain, and oversee the local compliance and AML/CFT framework in line with the MAS regulatory requirements;
Oversee regulatory filings, notifications, and reporting to MAS;
Serve as the point of contact for all regulatory examinations and audits;
Establish and maintain the local compliance governance framework, including policies and standards, risk assessments, compliance monitoring programmes, issue management, and escalation protocols;
Provide regulatory and compliance advisory support, including formal review and approval, for Singapore go-to-market initiatives, product developments, and control framework design decisions.
AML/CFT & MLRO Responsibilities
Act as the appointed MLRO for the Singapore business;
Oversee the design and implementation of the AML/CFT framework, including:
Customer due diligence (CDD / EDD)
Sanctions screening
Transaction monitoring
Suspicious transaction reporting (STRs)
Review and approve suspicious activity reports prior to submission to STRO;
Ensure compliance with MAS AML/CFT Notices and related Guidelines;
Conduct regular AML/CFT risk assessments and oversee remediation of identified issues;
Provide AML/CFT training and awareness across relevant functions.
Product & Business Advisory
Provide compliance advisory and formal review/sign-off for:
Go-to-market strategies in Singapore
New product launches and product changes
Marketing communications and promotions
Cross-border service provision
Assess regulatory implications of new initiatives and ensure licensing perimeter alignment.
Advise on consumer protection, conduct, and disclosure obligations.
Monitoring, Testing & Controls
Implement and oversee the compliance monitoring plan, including thematic reviews and control testing;
Ensure timely remediation of compliance findings and regulatory observations;
Oversee incident reporting and regulatory breach management;
Maintain an effective issue management and escalation framework.
Board & Senior Management Engagement
Prepare and present periodic compliance and AML reports to senior management and the Board;
Provide independent challenge and oversight on regulatory and financial crime risk;
Support governance committees as required.
Training & Culture
Develop and deliver compliance and AML/CFT training programmes;
Promote a strong compliance culture across the Singapore entity;
Ensure employees understand regulatory obligations and reporting requirements.
Regulatory Accountability
The Compliance Officer & MLRO is accountable for:
Ensuring the Singapore entity’s ongoing compliance with MAS regulatory requirements.
Timely reporting of suspicious activities and regulatory breaches.
Maintaining independence and authority to escalate issues without interference.
6 + years of experience in regulatory compliance and/or AML/CFT in Singapore within a regulated financial institution, payments, brokerage, fintech, or crypto/VASP environment.
Strong working knowledge of MAS regulatory expectations and the practical ability to translate them into operational controls (product + ops + vendors + technology).
Experience supporting licensing/authorisation efforts, regulatory examinations, and regulator-facing stakeholder management.
Proven ability to build programmes from scratch: governance, policies, monitoring/testing, issue management, and reporting.
Excellent written and verbal communication skills (exec-ready), including the ability to produce regulator-grade documentation and succinct risk narratives.
Prior experience acting as an appointed compliance officer/MLRO-equivalent function in Singapore, or leading a compliance build for a new regulated entity.
Familiarity with exchange/brokerage products, custody concepts, travel rule considerations, and modern transaction monitoring systems.
Experience running remediation/customer file review programmes at scale.
Unless a specific application deadline is stated in the job posting, applications are accepted on an ongoing basis.
Please note, applicants are permitted to redact or remove information on their resume that identifies age, date of birth, or dates of attendance at or graduation from an educational institution.
We consider qualified applicants with criminal histories for employment on our team, assessing candidates in a manner consistent with the requirements of the San Francisco Fair Chance Ordinance.
Kraken is powered by people from around the world and we celebrate all Krakenites for their diverse talents, backgrounds, contributions and unique perspectives. We hire strictly based on merit, meaning we seek out the candidates with the right abilities, knowledge, and skills considered the most suitable for the job. We encourage you to apply for roles where you don't fully meet the listed requirements, especially if you're passionate or knowledgable about crypto!
We may ask candidates to complete job-related skills or work-style assessments as part of our hiring process. These assessments are designed to evaluate competencies relevant to the role and are applied consistently across candidates for similar positions. Assessment results are considered alongside other relevant information, such as experience and interviews, and are not the sole basis for any employment decision.
As an equal opportunity employer, we don’t tolerate discrimination or harassment of any kind. Whether that’s based on race, ethnicity, age, gender identity, citizenship, religion, sexual orientation, disability, pregnancy, veteran status or any other protected characteristic as outlined by federal, state or local laws.
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